John Mbadi Stories
Mbadi said the Treasury was also considering a reduction in corporate tax rates from 30 per cent to 28 per cent, but this too was shelved due to simil...
Tourism Cabinet Secretary Rebecca Miano also made new appointments to her docket, naming Nicanor Sabula and Fred Kaigua to the Board of Directors of t...
Mbadi decried the persistent non-remittance of pension dues by counties, terming it a significant challenge to the viability of public pension systems...
Mbadi wants the Tourism department to ring-fence the Sh4.5 billion for the upgrade, a move Miano is uncomfortable with because the facility falls outs...
According to Treasury data, the reduction is partly attributed to the ongoing settlements in the infrastructure docket.
Recently, Mbadi failed to appear before the Senate Finance and Budget Committee, choosing instead to attend a political rally in Migori County alongsi...
Mbadi said starting next year, the Ministry of Education will introduce a differentiated model for charging examination fees, where only learners from...
The budget will cover the 2025/26 financial year and aims to address economic recovery, the cost of living, job creation, and the government’s develop...
The directive responds directly to public outrage over projects like the failed proposal by the Adani Group of India to lease the Jomo Kenyatta Intern...
Treasury officials highlighted the 64 per cent participation rate in the tender and the upsized bond issue as signs of growing confidence in Kenya’s e...
Mbadi explained that the government halted the annual Sh11 billion allocation for the KCSE exams to investigate reports of misuse of the funds by some...
At the heart of the controversy is a directive from National Treasury Cabinet Secretary John Mbadi, which set aside Sh4.5 billion from the fund to ren...
The Treasury’s decision comes amid growing pressure from international lenders and a national call for accountability in the use of public resources....
Mbadi said the Constitution only limits the number of Cabinet Secretaries, not advisors, and that the president is fully within his rights.
Even though large investments were made in the farming sector, its growth dropped to 4.4 percent in 2024 from 7.7 percent the previous year.
The budget documents tabled in Parliament by Treasury Cabinet Secretary John Mbadi show that statutory deductions from employee pay slips will increas...
The total projected cost of extending the SGR from Naivasha to Kisumu is Sh380 billion, while the final section from Kisumu to Malaba, which borders U...
Budget and Appropriations Committee Chairperson Samuel Atandi has said there is growing consensus in the National Assembly that the authority to issue...
Dr Abraham Rugo, the executive director of Bajeti Hub, expressed scepticism about the novelty of the IMF's findings, suggesting that much of the infor...
Though new discussions with the global lender have been initiated, the Treasury has opted not to include IMF assistance in the coming year’s fiscal pl...
Senators have maintained that they have increased their vigilance in overseeing the timely release of the funds, as many counties struggle to meet the...
The cash goes straight to the roads board, which conducts maintenance of roads on behalf of the government. Ruto's government has also turned to China...
While admitting that Kenya has encountered fiscal challenges, the CS maintained that the nation’s debt position remains sustainable.
He explained that January, February, and March are the most challenging financial months, highlighting the heavy financial commitments the Treasury fa...
The E-GP system, launched on Monday, is designed to automate and streamline public procurement processes. It enables government agencies to handle pro...
The CS pointed to the misuse of short-term loans to fund long-term projects as one of the key mistakes that plunged the country into its current econo...
Kenya, which is struggling with a heavy debt load and the accompanying high debt service costs, caught investor attention last month when it ditched t...
The Ministry of Roads and Transport confirmed that toll charges will be structured to ensure affordability and that revenues collected will be reinves...
Mbadi said the claim that the National Treasury was diverting funds was completely out of tune with the normal budgetary process.
Kenya has struggled to rein in its fiscal deficit and boost revenue collection, two of the main requirements of the IMF.
